On October 15, according to a Reuters report, IMF Asia-Pacific Department Head Srinivasan stated in Bangkok that China's economic growth still mainly relies on external demand, the scale of fiscal stimulus is limited, and the real estate crisis has dragged on too long, calling on the government to boost household confidence and improve the social security system.
A homebuyer recounts that after purchasing a home in 2020, a drop in income forced them to suspend mortgage payments for 12 months, now facing court-ordered forced auction and massive losses.
On October 8, Hong Kong's Buildings Department confirmed that in a Starter Homes for Hong Kong Residents scheme project developed by CK Asset Holdings in collaboration with the HKSAR government, six residential towers had rebar configurations that deviated from the drawings, requiring remedial work or demolition and reconstruction.
On October 8, several contractors at the Yuanda SOHO development in Changchun, Jilin Province, staged a banner protest at the entrance of the property's marketing center, demanding payment, as the developer, Changchun Yuanda Real Estate Development Co., Ltd., still owed construction funds two years after the handover of the units.
On October 4, the Hong Kong Buildings Department confirmed in a notice that the rebar configuration of some floor slabs and beams at the luxury development ONE STANLEY did not match the approved drawings.
In the first half of 2026, the proportion of Chinese homeowners over the age of 60 listing their properties for sale soared to 22.7%, a significant increase from 11.3% in 2022.
Instead of focusing on GDP, look at “hard power”: youth unemployment rate is 18.9%, AI continues its great leap forward. On September 21, The New York Times reported that while the unemployment rate for non‑student Chinese youth aged 16‑24 has risen to 18.9% and consumption and real estate remain sluggish, Beijing is still preparing to pour massive resources into artificial intelligence. Bloomberg previously said China is planning to invest about $295 billion over the next five years to build… #Xi Jinping
On September 21, due to four years of unpaid wages for migrant workers at the Zhaotong Sunac Jiutangfu project, workers dismantled the previously installed aluminum panel materials on-site, with multiple law enforcement officers and workers present to observe.
On September 17, at the entrance of the Huazhang Xuanhua Computing Power Hub Industrial Base in Zhangjiakou City, Hebei Province, multiple migrant workers hung a banner reading "Please pay last year's arrears of migrant workers' wages," publicly demanding their unpaid labor compensation.
September 14, Guangdong Shenzhen Jindi Center, multiple migrant workers went to the building to protest over unpaid wages. The workers said that before protesting they had completed legal procedures such as filing lawsuits and arbitration and had won, but still have not received the owed wages.
Contractors for the China Co-op Wenxi Mansion project in Jishou City, Hunan Province, hung banners in front of the marketing center demanding payment after the developer defaulted on their payments.
The National Bureau of Statistics released data showing that national fixed-asset investment fell 7.2% year on year from January to August, while real estate development investment fell 19.9% year on year.
On September 9, multiple workers from the Longhu Shangcheng project in Xianyang, Shaanxi, went to the sales office to demand payment of overdue wages, but were blocked outside the door by security guards.
Owners of the Jingxi Yinyue residential community in Fangshan, Beijing, gathered to defend their rights and confronted police over insufficient parking spaces caused by planning defects, poor vehicle management, and fire safety hazards.
Owners of a residential development in Chengdu gathered to defend their rights over numerous safety problems at the property. After police took away some of them, the remaining owners surrounded the officers and demanded their release.